Konecranes Oyj - Corporate Action

KONECRANES PLC'S SHARE SUBSCRIPTIONS BASED ON STOCK OPTIONS

KONECRANES PLC  STOCK EXCHANGE RELEASE  August 6, 2009 at 10.15 a.m.            

KONECRANES PLC'S SHARE SUBSCRIPTIONS BASED ON STOCK OPTIONS                     

A total of 12,000 of Konecranes Plc's new shares were subscribed for under the  
company's stock option plans as follows:                                        

--------------------------------------------------------------------------------
| Stock option right         |            Shares  |         Subscription price |
|                            |                    |                (EUR/share) |
--------------------------------------------------------------------------------
| 2001B-series               |             12,000 |                       8.50 |
--------------------------------------------------------------------------------

The full subscription price of EUR 102,000 will be entered in the paid-in       
capital. Following the related subscriptions, the number of Konecranes Plc      
shares will increase to 61,843,720. This number includes the shares held by the 
company.                 

The shares subscribed for under the stock options were registered in the Trade  
Register on August 6, 2009 on the basis of which the new shares will establish  
shareholder rights. Konecranes will apply for their listing, together with its  
existing shares, on the Main List of the NASDAQ OMX Helsinki. Trading in the new
shares will begin on or around August 7, 2009.                                  

Stock options issued under Konecranes Plc's ongoing stock option plans entitle  
their holders to subscribe for a total of 2,834,100 shares. The terms and       
conditions of all of the company's stock option plans are available at          
www.konecranes.com/investor.                                                    

Konecranes is a world-leading group of Lifting Businesses™, serving a broad     
range of customers, including manufacturing and process industries, shipyards,  
ports and terminals. Konecranes provides productivity-enhancing lifting         
solutions as well as services for lifting equipment and machine tools of all    
makes. In 2008, Group sales totaled EUR 2,103 million. The Group has 9,700      
employees, in 485 locations in 43 countries. Konecranes is listed on NASDAQ OMX 
Helsinki Ltd (symbol: KCR1V).                                                   

KONECRANES PLC                                                                  

Sanna Päiväniemi                                                                
IR Manager                                                                      


FURTHER INFORMATION                                                             
Teo Ottola, Chief Financial Officer, Konecranes Plc, tel. +358 20 427 2040      


DISTRIBUTION                                                                    
NASDAQ OMX Helsinki Ltd                                                         
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www.konecranes.com